Understanding Stair Lift Prices: What Affects Cost?

Seniors and those with limited mobility face many dangers when it comes to stairs at home. Falls have become one of the foremost reasons for injury among seniors, according to The Centers for Disease Control & Prevention (CDC). Falling down stairs can lead to serious injuries, such as a fracture, or even sometimes cause lifetime disability. When comparing the average stair lift cost breakdown versus the financial burdens associated with falls, including hospital stays, rehabilitation, and long-term care, it becomes clear that the cost of a stair lift is worth the investment. As stated by the National Institute of Aging, even one fall can greatly reduce one’s independence as well as decrease the overall quality of life. Stair lifts not only help avoid medical expenses related to falling, but also help restore one’s confidence and improve their personal lives at home. This article is your stair lift pricing guide so you can understand what to expect and make the right decision for your home.

Long-Term Value vs Short-Term Cost

A lot of seniors want to stay in their current residence, age-in-place, instead of relocating away from their residence.

The installation of a stairlift enables people to continue living in their own homes longer and avoid the high revolving costs that come with assisted living or long-term care. Families are reportedly increasingly making improvements to their homes for accessibility in order to delay or avoid these types of expenses, according to Associated Press (AP) News.

Stairlifts also increase the overall usability of a home. Rather than living only on one level of a home, stairlift users regain access to their entire home- improving comfort, increasing independence, and improving overall quality of life.

How Stair Lift Pricing Works

The design and layout of your home greatly influence your stair lift budget. Older homes in urban areas often have a traditional style of a long row of houses built with narrow stairways and tighter turns on them. This means you are going to need a much custom staircase lift system compared to a wider straight staircase in newer suburban homes.

Any staircase lift used outdoors needs to be made of materials that can withstand rain, snow, and temperature changes, which can add to the total cost of an outdoor lift.

For many homeowners, one of the most significant concerns is the average stair lift cost and how to finance it. Thinking about stair lift prices can seem overwhelming. But simply looking into stair lift cost breakdowns and various programs of assistance can make this decision significantly easier.

Financial Assistance Options for Stair Lifts

In general, Medicare does not cover stair lifts as they are classified as a home modification rather than durable medical equipment. According to Medicare’s policy, durable medical equipment must be used within the home for a medical need like a wheelchair or a walker. However, some funding assistance may be available.

This does not mean you cannot find some funding assistance; below are some examples of possible alternate funding sources and financial assistance available for stair lifts.

Veterans: Veterans may qualify for multiple grants, including Special Adaptation Housing Grants (SAHG), which can be used to make the home accessible to the veteran via home modifications.

State and Local Grants: Various states and municipalities have grant funding/loan funding to assist with funding mixed accessibility improvement projects, especially for seniors aging in place that require home modifications to continue living safety within their current residence.

Nonprofit Organizations: There are many nonprofit organizations that provide funding for people with mobility impairments or access to refurbished equipment.Flexible Payment Options: Many homeowners find that installment plans are among the easiest ways to manage stair lift purchases because it allows buyers to pay for the stair lift in monthly installments over a period of time, thereby enhancing the ability of the homeowner to purchase a stair lift while providing an important safety upgrade for their home.

Final Thoughts: Getting Started

EZ Living Concepts aims to provide you with affordable mobility solutions that are customized to your specific needs. If you’re thinking about getting a stair lift, the best first step for you to take is to contact EZ Living Concepts either online or by phone to set up your consultation. This consultation will allow you to understand your options, timeline, and offer flexible financing options to help local families find a solution that fits their stair lift budget for both safety and quality.

Contact us today at (610)-583-9000 or sales@ezlivingconcepts.com.